France: Wooden Office Furniture Market 2024

Wooden Office Furniture Market Size in France

The French wooden office furniture market expanded notably to $X in 2021, with an increase of 6.7% against the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Wooden office furniture consumption peaked in 2021 and is expected to retain growth in the near future.

Wooden Office Furniture Production in France

In value terms, wooden office furniture production expanded significantly to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. Wooden office furniture production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Wooden Office Furniture Exports

Exports from France

In 2021, shipments abroad of wooden furniture of a kind used in offices decreased by -2.8% to X units, falling for the second consecutive year after two years of growth. Overall, exports showed a perceptible descent. The most prominent rate of growth was recorded in 2019 when exports increased by 36%. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, wooden office furniture exports skyrocketed to $X in 2021. Over the period under review, exports saw a mild downturn. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units), Switzerland (X units) and the UK (X units) were the main destinations of wooden office furniture exports from France, with a combined 42% share of total exports. These countries were followed by Belgium, the United States, Spain, the Netherlands and Italy, which together accounted for a further 27%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +9.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and Switzerland ($X) constituted the largest markets for wooden office furniture exported from France worldwide, with a combined 43% share of total exports. Belgium, Italy, the United States, the Netherlands and Spain lagged somewhat behind, together accounting for a further 25%.

Italy, with a CAGR of +14.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average wooden office furniture export price stood at $X per unit in 2021, jumping by 39% against the previous year. In general, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Office Furniture Imports

Imports into France

In 2021, approx. X units of wooden furniture of a kind used in offices were imported into France; jumping by 33% against 2020. Overall, imports posted a remarkable increase. The pace of growth was the most pronounced in 2019 when imports increased by 34% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, wooden office furniture imports surged to $X in 2021. Over the period under review, total imports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +64.2% against 2015 indices. The most prominent rate of growth was recorded in 2019 with an increase of 24%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

Germany (X units), Italy (X units) and Spain (X units) were the main suppliers of wooden office furniture imports to France, with a combined 41% share of total imports. Sweden, China, Poland, Denmark, Lithuania, Portugal, the Czech Republic, the Netherlands, Austria and Belgium lagged somewhat behind, together accounting for a further 49%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +38.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Spain ($X) constituted the largest wooden office furniture suppliers to France, together comprising 41% of total imports. These countries were followed by Sweden, China, Poland, Denmark, Lithuania, Portugal, the Czech Republic, the Netherlands, Austria and Belgium, which together accounted for a further 49%.

The Czech Republic, with a CAGR of +35.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden office furniture import price stood at $X per unit in 2021, which is down by -7.5% against the previous year. In general, the import price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 13%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Lithuania ($X per unit) and the Czech Republic ($X per unit), while the price for China ($X per unit) and the Netherlands ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (-2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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